RSG 0.76% 66.5¢ resolute mining limited

Ann: Bibiani Mining Lease Restored, page-15

  1. 1,383 Posts.
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    Glad to hear things are back under control. Resolute now acknowledging their obligations.
    "Resolute will provide further information on the Bibiani development process..."
    Note, no longer a sale process. We'll be up for break costs with Chifeng. I don't think they'd be interested in a joint venture.
    Next steps will be submitting report to the Ghanaian Minerals Commission on the state of the mine, and after a bit of spruiking the mine to market I expect Resolute will sell it Ravenswood style, with low up front payment.
 
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66.0¢ 67.5¢ 65.5¢ $5.043M 7.554M

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